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The developers of the MetaMask crypto wallet presented a service for deploying Ethereum nodes

Ethereum: The developers of the MetaMask crypto wallet presented a service for deploying Ethereum nodes

Consensys, the developer of the MetaMask cryptocurrency wallet, recently unveiled a new service for Ethereum mining.

According to the project team, this service simplifies the process of starting validator nodes and provides secure resource management.

According to the developers, this service allows users to delegate validator tasks without having to invest in #mining hardware or join a #pool. In addition, customers retain full control over their accounts and funds.

Consensys representatives noted that customers can expect a yield of about 4% per year, after deducting the 10% commission charged by the MetaMask team.

The returns consist of a constant prime rate, as well as additional rewards. These rewards are earned when a validator is selected to participate in blockchain verification.

To start using the service, users need to make a deposit of 32 ETH or a multiple thereof. Based on current Ethereum market prices, the estimated deposit amount is around $79,000.

It is worth noting that the service has been criticized by some members of the community. Lefteris Karapetsas, founder of the Rotkiapp app, expressed concern about the "relatively unattractive" nature of the #MetaMask offering due to the 10 percent commission.

Meanwhile, the net yield from liquid steak via cryptocurrency is comparable to the 3.4 percent offered by platform Lido Finance, where the total value of blockchain assets (TVL) reached $20.911 billion in December.

According to Dune, #Lido Finance accounts for 32.1% of blocked funds. Some experts have raised concerns about the platform's impact on #Ethereum decentralization.

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